Debt service is like plaque building up in the arteries — eventually, it starts to squeeze out other spending within the economy.
So what happens when the country is overspending by 40%?
What happens when central banks are forced to print money?
What happens when the “circulatory system” of our credit markets reaches its tipping point?
I address these questions and more in this discussion with David Rubenstein. If you’re interested in learning more, I hope you’ll give my latest book, How Countries Go Broke, a read.
Apr 30
at
3:54 PM
Relevant people
Log in or sign up
Join the most interesting and insightful discussions.